Thank You For The Power We Demanded. Now Please Forget We Have It

Senate leaders demanded they be returned the power of committee assignments from Lt. Governor Casey Cagle.  Within days of executing their new found toy power, they have been put in the uncomfortable position of having to determine if the Chairman of Banking should continue in light of his pending suit by the FDIC on charges of breach of fiduciary duty and neglect.  Jim Galloway brings us a quote obtained by his AJC colleague Chris Quin from Senate Majority Leader Chip Rogers:

 “The Committee on Assignment’s work is done for the most part and already complete. I don’t know that there is going to be a lot more action by the committee.”

It sounds like the dog has caught the car he’s been chasing.  Somewhere, Casey Cagle is laughing hysterically.

9 comments

  1. Howard Roark says:

    Mr. Rogers needs to call the committee together again in order to remove Senator Murphy from the chairmanship until he is cleared. Otherwise they are covering for him only because he is a republican.

    If democrats were in charge the GOP would be crying foul if such a situation happened. To bad no one at the democrat party of Georgia is smart enough to send out a press release.

    BTW I am a life long republican.

    • saltycracker says:

      Howard,

      BTW – I am a life long Republican too but must respectfully disagree with Sen. Rogers’ position as stated in a CRDC post:

      Here’s my view.

      Senator Murphy was elected to serve in the State Senate. I have nothing to do with that. My experience in serving with him over the last 8 years is that he is an excellent legislator.

      Senator Murphy was chosen by fellow Senators to serve as Chairman of the Senate Banking Committee. He has served admirably on this Committee in both the House and Senate for 8 years. I am not aware of a single issue with his service during that time.

      The lawsuit filed is a civil matter pertaining to Bank Business Practices of the Board and not aimed at any single member of the Board of Directors. The matters contained within the lawsuit are allegations which Senator Murphy has denied. Civil lawsuits can contain allegations on virtually anything. To this point there has been no finding of fact by a judge or jury.

      It seems to me the best course of action is to not rush to judgment in a civil matter. The process for determining facts will take place and it is a process in which I have great confidence.

      Thanks,
      Chip Rogers

      • saltycracker says:

        Full disclosure – also voted for Sen. Rogers- appreciate much of what he does – don’t want a rush to judgement in this case either but wish he’d be more diirect in asking Murphy to wait on the sidelines….

        • Word says:

          Salty – You might want to also look at it from another perspective. It’s a civil lawsuit and if they strip someones chairmanship because of a civil lawsuit, all kinds of groups/people might use this in the future. I am not defending Sen. Murphy because honestly I don’t know all of the facts, but you could be going down a path that will cause more problems with special interest groups and corporations if you do this. I personally think they are doing the right thing on this.

          • saltycracker says:

            This is not your average lawsuit – it’s the Feds with some heavy bad banking charges against the banking chair –

            Agree stripping him of the chair would be a mess…..

            Assuming Sen. Murphy is a stand up guy we could hope his peers on the Committee and close friends convince him to step aside from the Chair until he gets his day in court ( requires a speedy resolution). That would be proper, abate controversy and give Republicans some leverage.

  2. saltycracker says:

    So Murphy won’t voluntarily step aside as Banking Chair until his banking matter is resolved and his fellow legislators become deer in the headlights……

    They have no shame…..or maybe the “let’s wait, fellows” have something to fear in their personal banking activities – where Murphy might drop on them….

  3. Howard Roark says:

    A few facts for those keeping score at home:

    1) Over the slew of bank failures seen in this financial crisis, this is only the third time the FDIC felt victimized enough to file suit. When discovery starts, the facts will spill into the media and the GOP will wish this was Jack Murphy’s problem instead of their problem.

    2) With or without a lawsuit, Murphy’s bank failure and the resulting cost to taxpayers makes him ineligible under FDIC rules to operate anything bigger than an ATM.

    3) Average voters don’t have any problem connecting these dots and will see this as evidence of the same good ole boy corruption they threw out in 2002. When one man’s selfish drive to cling to power puts his party at risk the leadership must act to protect the party.

    Murphy should step aside until the situation is resolved. If h does not he COA should move his aside.

  4. Charlie says:

    I’ll dial the snark back a bit, as this post is incorrect on two counts:

    Senator Rogers has indicated that his quote above is just regarding regular press briefings for the actions of the Committee On Assignments, and is not intended as any change in scope of action or duites of the committee.

    Also, based on the calls I received yesterday afternoon, (and as written by Jim Galloway’s PI post late yesterday), Cagle was doing anything and everything but laughing yesterday.

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